Checkr Raises $160 Million in Series D Funding
We’re happy to share that we’ve raised $160 million in Series D funding led by T. Rowe Price Associates, Inc., joined by Bond, Coatue, and long-time investors Accel, Y Combinator, and IVP.
This is an exciting time for us at Checkr, and we’ll use the funds for three key initiatives: expanding the functionality of our hiring platform, improving accuracy and fairness while creating new products, and developing new international capabilities to align with the expansion plans of our customers.
Since our founding in 2014, we’ve grown from a background check API to a platform that has run over 42 million background checks. Checkr now supports the hiring needs of thousands of businesses, including new customers like Elwood Staffing, PrideStaff, and One Call. These companies join the ranks of Adecco, Uber, Hot Topic, and many others who rely on Checkr’s technology to assess and onboard talent fairly and efficiently.
We’re committed to helping all of our customers reach their goals and find new ways to make hiring more inclusive. To that end, we’ll need to greatly expand our team in 2019. We’ll be hiring across all positions to further build out our platform and support all the opportunities that lie ahead of us.
Finally, we’d like to extend a big thank you to our customers, partners, and employees for being a part of this journey. We’re grateful for your continued support and look forward to working together to shape the future of work.